Brazilian driller Constellation Oil Services has won a contract extension with Petrobras for the oldest rig in its fleet.

2024 has been another strong year for the offshore drilling rig market with high utilization and dayrates. However, the winds ...

Arverne Group (FR001400JWR8, ARVEN), a French industrial company specializing in the production of renewable energy from underground resources, announces the receipt, by its subsidiary DrillDeep, of a ...

Net debt/adjusted EBITDA sits a 1.4 times at year-end 2023, which we expect it will maintain through the economic cycle. Halliburton also generates solid free cash flow margin, which came in at 10% in ...

Image by Greggory DiSalvo via iStock Oil industry heavyweights are lobbying President-elect Donald Trump’s incoming ...

Offshore drilling contractor Shelf Drilling has entered into agreement to sell its Main Pass I jack-up rig for $11 million ...

Shelf Drilling (SHLLF) has released an update.Pick the best stocks and maximize your portfolio:Discover top-rated stocks from highly ranked ...

Talos Energy recently reported the sale of certain subsidiaries and new acquisitions in the U.S. Gulf of Mexico. Read why I ...

Trump reversed a methane reduction rule during his first term. Experts say rolling back the current rule would take years, and support from industry for the rule might help keep it in place.

In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was in line with the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major ...

JUNEAU, Alaska (AP) — The Biden administration has approved plans for a sale of oil and gas leases in Alaska that leaves open ...